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(LEAD) FTC chief vows to 'restore justice' as court clears way for Coupang probe

SEOUL, Sept. 29 (Yonhap) -- The chief of South Korea's antitrust watchdog said T...

(LEAD) FTC chief vows to 'restore justice' as court clears way for Coupang probe

The head of South Korea's antitrust watchdog, Ju Biung-ghi, has vowed to restore justice after a local court recently cleared the way for the agency to resume its stalled probe into U.S.-listed e-commerce giant Coupang Inc. Ju made the remarks during an interview with local radio broadcaster CBS, signaling the agency's intention to resume its investigation into allegations that Coupang had shifted the costs of discounts onto its suppliers.

Last month, Coupang refused to cooperate with the watchdog's on-site probe into the allegations and asked a court to suspend the inspection. However, the court initially granted a temporary suspension of the FTC's on-site inspection but eventually rejected Coupang's request to halt the probe last week.

Brief written by urgent.news from Yonhap News's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at en.yna.co.kr →

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